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Used Vehicle Prices Climb Higher As Sales Pace Slows
The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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SEARCHMENUSEARCHThe higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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Cox estimates that used retail sales increased 11% in August from July and that used retail sales were down 9% year over year.
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The companies are collaborating on an electric vehicle-specific valuation influenced by the condition of the battery, the most expensive part of an EV.
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IARA Summer Roundtable: A panel of economists laid out a mash up of economic indicators and remarketing industry signals that show the worst is over since 2020. But how much improvement lies ahead?
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An iseecars.com study finds electric car prices saw an increase of 54% in July from the same month last year while gas-powered cars were up just 10%.
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IARA Summer Roundtable: Electrification expert Kristin Slanina supercharged the annual consignors and remarketers conference with a step-by-step hopeful outlook for adopting, using, and reselling EVs.
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The partnership between Cox Automotive Mobility and Spiers New Technologies adds new service centers to support the transition to electric vehicles.
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CAR 2023 has entered the planning stage and seeks industry ideas for panel topics, seminars, and presentations.
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IARA Summer Roundtable: The International Automotive Remarketers Alliance recently found far more questions than answers on how to value and handle the coming wave of used electric vehicles.
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IARA Summer Roundtable:This award winner has a big heart for his community and industry.
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IARA Summer Roundtable: The courses are designed to help consignment and auction operations avoid regulatory snares.
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